AWI (Armstrong World Industries) Debt-to-Equity : 0.79 (As of Dec. 2024)

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What is Armstrong World Industries Debt-to-Equity?

Armstrong World Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $34 Mil. Armstrong World Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $566 Mil. Armstrong World Industries's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $757 Mil. Armstrong World Industries's debt to equity for the quarter that ended in Dec. 2024 was 0.79.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Armstrong World Industries's Debt-to-Equity or its related term are showing as below:

AWI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79 Med: 1.48 Max: 3.63
Current: 0.79

During the past 13 years, the highest Debt-to-Equity Ratio of Armstrong World Industries was 3.63. The lowest was 0.79. And the median was 1.48.

AWI's Debt-to-Equity is ranked worse than
68.9% of 1553 companies
in the Construction industry
Industry Median: 0.43 vs AWI: 0.79

Armstrong World Industries Debt-to-Equity Historical Data

The historical data trend for Armstrong World Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Armstrong World Industries Debt-to-Equity Chart

Armstrong World Industries Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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1.68

1.29

1.28

1.08

0.79

Armstrong World Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.08	1.02	1.06	0.87	0.79

Competitive Comparison of Armstrong World Industries's Debt-to-Equity

For the Building Products & Equipment subindustry, Armstrong World Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Armstrong World Industries's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Armstrong World Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Armstrong World Industries's Debt-to-Equity falls into.

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Armstrong World Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Armstrong World Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(34.4	+	565.5)	/	757.1
	=	0.79

Armstrong World Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(34.4	+	565.5)	/	757.1
	=	0.79

Armstrong World Industries (NYSE:AWI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Armstrong World Industries Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Armstrong World Industries's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Armstrong World Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Armstrong World Industries Inc (NYSE:AWI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

91A:Germany

Address

2500 Columbia Avenue, Lancaster, PA, USA, 17603

Website

https://www.armstrongworldindustries.com

Armstrong World Industries Inc. designs, innovates, and manufactures ceiling and wall solutions in the Americas. The company manufactures and sources products made of numerous materials, including mineral fiber, fiberglass, metal, felt, wood, resin, wood fiber, and glass-reinforced-gypsum. It also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc., called Worthington Armstrong Venture (WAVE). The company's reportable operating segments include Mineral Fiber, Architectural Specialties, and Unallocated Corporate. A majority of its revenue is generated from the Mineral Fiber segment, which produces suspended mineral fiber and fiberglass ceiling systems. Geographically, it derives maximum revenue from the United States.

Executives

Dawn M. Kirchner-king	officer: SVP & CIO	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Victor Grizzle	director, officer: CEO	2500 COLUMBIA AVE, LANCASTER PA 17604-3001
Monica M. Maheshwari	officer: SVP, Human Resources	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Mark A Hershey	officer: See Remarks	ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17604-3001
Christopher P. Calzaretta	officer: SVP & CFO	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Richard D Holder	director	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
William H Osborne	director	1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Jill A. Crager	officer: SVP Sales Operations	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Ellen R. Romano	officer: SVP, Human Resources	C/O 2500 COLUMBIA AVE, LANCASTER PA 17603
Austin So	officer: SVP Gen Cnsl, Compliance	C/O STONEMOR PARTNERS L.P., 3600 HORIZON BOULEVARD, TREVOSE PA 19053
Charles M Chiappone	officer: SVP, Ceiling Solutions	2500 COLUMBIA AVE, LANCASTER PA 17603
James T. Burge	officer: Vice President & Controller	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Stephen F Mcnamara	officer: VP, Controller	C/O ARMSTRONG WORLD INDUSTRIES, INC., PO BOX 3001, LANCASTER PA 17604
Roy W Templin	director	ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Barbara Loughran	director	1999 BRYAN STREET, DALLAS TX 75201